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1.Which of the following would most likely be a requirement of provincial legislation with respect to a limited liability partnership? a. liability insurance to compensate

1.Which of the following would most likely be a requirement of provincial legislation with respect to a limited liability partnership?

a.

liability insurance to compensate victims for loss

b.

the use of "limited partnership" or "LP" in the firm name

c.

a business licence in the partnership name

d.

access to partners' personal assets to satisfy claims

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